RACCOON VALLEY BANK CHARITABLE FOUNDATION

Cite this

Plain text RACCOON VALLEY BANK CHARITABLE FOUNDATION. furp.org, nonprofit organization profile, tax years 2017–2025. https://furp.org/org/raccoon-valley-bank-charitable-foundation-421347634. Retrieved 2026-10-29.

APA furp.org. (n.d.). RACCOON VALLEY BANK CHARITABLE FOUNDATION [Nonprofit organization profile; tax years 2017–2025]. Retrieved October 29, 2026, from https://furp.org/org/raccoon-valley-bank-charitable-foundation-421347634

MLA “RACCOON VALLEY BANK CHARITABLE FOUNDATION.” furp.org, tax years 2017–2025, https://furp.org/org/raccoon-valley-bank-charitable-foundation-421347634. Accessed 29 Oct. 2026.

Retrieved 2026-10-29; covers tax years 2017–2025. Data: furp.org, CC BY 4.0.

2025 · Form 990PF · revenue $75K · expenses $139K · assets $97K

Also known as
Charitable Foundation
EIN
42-1347634
Address
PO BOX 129, PERRY, IA 50220-0129
NTEE code
T21
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
April 1990 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

None of the 15 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

15 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Terry Nielsen President & Director2017-2025 1 $0 reported 1
Kendall Rathje Secretary/Treasurer2017-2025 1 $0 reported 1
Mike Compiano Director2021-2025 0 $0 reported 1
Elizabeth Garst Director2017-2025 0 $0 reported 4
Sarah Garst Director2017-2025 0 $0 reported 2
Jane Clausen Director2021-2025 0 $0 reported 1
Jon Peters Director2017-2025 0 $0 reported 1
Sid Jones Director (Until July)2023-2025 0 $0 reported 6
Dan Wilhelmi Director2017-2025 0 $0 reported 1
Rueben Garst Director2023-2025 0 $0 reported 1
Jeff Rose Director (Since October)2025 0 $0 reported 1
Doug McDermott (former) Director2017-2022 0 $0 reported 1
Jennifer Garst (former) Director2021 1 $0 reported 4
Sally Haerr (former) DIRECTOR2017-2020 0 $0 reported 1
H T Holcomb (former) DIRECTOR2017-2020 0 $0 reported 1

People by year

2025 · 11 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Terry Nielsen President & Director1 $0-$0 $01
Kendall Rathje Secretary/Treasurer1 $0-$0 $01
Mike Compiano Director0 $0-$0 $01
Elizabeth Garst Director0 $0-$0 $04
Sarah Garst Director0 $0-$0 $02
Jane Clausen Director0 $0-$0 $01
Jon Peters Director0 $0-$0 $01
Sid Jones Director (Until July)0 $0-$0 $06
Dan Wilhelmi Director0 $0-$0 $01
Rueben Garst Director0 $0-$0 $01
Jeff Rose Director (Since October)0 $0-$0 $01
2024 · 10 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Terry Nielsen President & Director1 $0-$0 $01
Kendall Rathje Secretary/Treasurer1 $0-$0 $01
Mike Compiano Director0 $0-$0 $01
Elizabeth Garst Director0 $0-$0 $04
Sarah Garst Director0 $0-$0 $02
Jane Clausen Director0 $0-$0 $01
Jon Peters Director0 $0-$0 $01
Sid Jones Director0 $0-$0 $06
Dan Wilhelmi Director0 $0-$0 $01
Rueben Garst Director0 $0-$0 $01
2023 · 10 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Terry Nielsen President & Director1 $0-$0 $01
Kendall Rathje Secretary/Treasurer1 $0-$0 $01
Mike Compiano Director0 $0-$0 $01
Elizabeth Garst Director0 $0-$0 $04
Sarah Garst Director0 $0-$0 $02
Jane Clausen Director0 $0-$0 $01
Jon Peters Director0 $0-$0 $01
Sid Jones Director0 $0-$0 $06
Dan Wilhelmi Director0 $0-$0 $01
Rueben Garst Director0 $0-$0 $01
2022 · 9 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Terry Nielsen President & Director1 $0-$0 $01
Kendall Rathje Secretary/Treasurer1 $0-$0 $01
Elizabeth Garst Director0 $0-$0 $04
Sarah Garst Director0 $0-$0 $02
Jane Clausen Director0 $0-$0 $01
Jon Peters Director0 $0-$0 $01
Doug McDermott Director0 $0-$0 $01
Dan Wilhelmi Director0 $0-$0 $01
Mike Compiano Director0 $0-$0 $01
2021 · 10 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Terry Nielsen President & Director1 $0-$0 $01
Kendall Rathje Secretary/Treasurer1 $0-$0 $01
Elizabeth Garst Director0 $0-$0 $04
Sarah Garst Director0 $0-$0 $02
Jane Clausen Director0 $0-$0 $01
Jon Peters Director0 $0-$0 $01
Doug McDermott Director0 $0-$0 $01
Dan Wilhelmi Director0 $0-$0 $01
Mike Compiano Director0 $0-$0 $01
Jennifer Garst Director1 $0-$0 $04
2020 · 9 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
TERRY NIELSEN PRESIDENT & DIRECTOR1 $0-$0 $01
KENDALL RATHJE SECRETARY/TREASURER1 $0-$0 $01
SALLY HAERR DIRECTOR0 $0-$0 $01
ELIZABETH GARST DIRECTOR0 $0-$0 $04
SARAH GARST DIRECTOR0 $0-$0 $02
H T HOLCOMB DIRECTOR0 $0-$0 $01
JON PETERS DIRECTOR0 $0-$0 $01
DOUG MCDERMOTT DIRECTOR0 $0-$0 $01
DAN WILHELMI DIRECTOR0 $0-$0 $01
2019 · 9 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
TERRY NIELSEN PRESIDENT & DIRECTOR1 $0-$0 $01
KENDALL RATHJE SECRETARY/TREASURER1 $0-$0 $01
SALLY HAERR DIRECTOR0 $0-$0 $01
ELIZABETH GARST DIRECTOR0 $0-$0 $04
SARAH GARST DIRECTOR0 $0-$0 $02
H T HOLCOMB DIRECTOR0 $0-$0 $01
JON PETERS DIRECTOR0 $0-$0 $01
DOUG MCDERMOTT DIRECTOR0 $0-$0 $01
DAN WILHELMI DIRECTOR0 $0-$0 $01
2018 · 9 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
TERRY NIELSEN PRESIDENT & DIRECTOR1 $0-$0 $01
KENDALL RATHJE SECRETARY/TREASURER1 $0-$0 $01
SALLY HAERR DIRECTOR0 $0-$0 $01
ELIZABETH GARST DIRECTOR0 $0-$0 $04
SARAH GARST DIRECTOR0 $0-$0 $02
H T HOLCOMB DIRECTOR0 $0-$0 $01
JON PETERS DIRECTOR0 $0-$0 $01
DOUG MCDERMOTT DIRECTOR0 $0-$0 $01
DAN WILHELMI DIRECTOR0 $0-$0 $01
2017 · 9 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
TERRY NIELSEN PRESIDENT & DIRECTOR1 $0-$0 $01
SALLY HAERR DIRECTOR0 $0-$0 $01
ELIZABETH GARST DIRECTOR0 $0-$0 $04
SARAH GARST DIRECTOR0 $0-$0 $02
H T HOLCOMB DIRECTOR0 $0-$0 $01
JON PETERS DIRECTOR0 $0-$0 $01
DOUG MCDERMOTT DIRECTOR0 $0-$0 $01
DAN WILHELMI DIRECTOR0 $0-$0 $01
KENDALL RATHJE SECRETARY/TREASURER1 $0-$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2025 · 39 grants to organizations · $139K
2024 · 43 grants to organizations · $127K
2023 · 40 grants to organizations · $40K
2022 · 38 grants to organizations · $43K
2021 · 34 grants to organizations · $81K
2020 · 29 grants to organizations · $38K
2019 · 31 grants to organizations · $76K
2018 · 38 grants to organizations · $89K
2017 · 42 grants to organizations · $68K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2025 · 1 contributor · $75K
#ContributorTypeCity, stateTotalNoncashSource
1 Raccoon Valley Bank Organization or other Perry, IA $75,000- Form 990PF Sch. B, 2025 · filing
2024 · 1 contributor · $75K
#ContributorTypeCity, stateTotalNoncashSource
1 Raccoon Valley Bank Organization or other Perry, IA $75,000- Form 990PF Sch. B, 2024 · filing
2023 · 1 contributor · $75K
#ContributorTypeCity, stateTotalNoncashSource
1 Raccoon Valley Bank Organization or other Perry, IA $75,000- Form 990PF Sch. B, 2023 · filing
2022 · 1 contributor · $75K
#ContributorTypeCity, stateTotalNoncashSource
1 Raccoon Valley Bank Organization or other Perry, IA $75,000- Form 990PF Sch. B, 2022 · filing
2021 · 1 contributor · $125K
#ContributorTypeCity, stateTotalNoncashSource
1 Raccoon Valley Bank Organization or other Perry, IA $125,000- Form 990PF Sch. B, 2021 · filing
2020 · 1 contributor · $75K
#ContributorTypeCity, stateTotalNoncashSource
1 RACCOON VALLEY BANK Organization or other PERRY, IA $75,000- Form 990PF Sch. B, 2020 · filing
2019 · 1 contributor · $75K
#ContributorTypeCity, stateTotalNoncashSource
1 RACCOON VALLEY BANK Organization or other PERRY, IA $75,000- Form 990PF Sch. B, 2019 · filing
2018 · 1 contributor · $74K
#ContributorTypeCity, stateTotalNoncashSource
1 RACCOON VALLEY BANK Organization or other PERRY, IA $74,000- Form 990PF Sch. B, 2018 · filing
2017 · 1 contributor · $54K
#ContributorTypeCity, stateTotalNoncashSource
1 RACCOON VALLEY BANK Organization or other PERRY, IA $54,000- Form 990PF Sch. B, 2017 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990PF period ending 2025-12-31 · view filing · original 990 ↗
$75,000$138,510 $96,684$96,684 $75,000- $0--
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$75,000$127,001 $160,194$160,194 $75,000- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$75,000$40,442 $212,195$212,195 $75,000- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$75,000$43,021 $177,637$177,637 $75,000- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$125,000$81,676 $145,658$145,658 $125,000- $0--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$75,000$37,711 $102,334$102,334 $75,000- $0--
2019 · Form 990PF period ending 2019-12-31 · view filing · original 990 ↗
$75,000$76,435 $65,045$65,045 $75,000- $0--
2018 · Form 990PF period ending 2018-12-31 · view filing · original 990 ↗
$74,000$89,131 $66,480$66,480 $74,000- $0--
2017 · Form 990PF period ending 2017-12-31 · view filing · original 990 ↗
$54,000$67,870 $81,611$81,611 $54,000- $0--

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
SOUTH STORY BANK CHARITABLE FOUNDATIONIAT21 $49,580$44,634 President & Director$0 Same NTEE code T21, revenue within 2x, same state, similar name
ROTARY CLUB OF CLINTON IOWA CHARITABLE FOUNDATION INCIAT21 $40,429$30,599 PRESIDENT$0 Same NTEE code T21, revenue within 2x, same state
CAMBRIDGE FOUNDATION INCIAT21 $119,646$70,421 PRESIDENT$0 Same NTEE code T21, revenue within 2x, same state
KRUMM FAMILY FOUNDATIONIAT21 $66,609$24,731 DIRECTOR/PRESIDENT/TREASURER$0 Same NTEE code T21, revenue within 2x, same state
HANSEN FAMILY HOSPITAL FOUNDATIONIAT21 $102,311$104,084 CHAIR$0 Same NTEE code T21, revenue within 2x, same state
FIRST FEDERAL CREDIT UNION FOUNDATIONIAT21 $49,972$29,982 DIRECTOR$0 Same NTEE code T21, revenue within 2x, same state
FLOYD H GRANAMAN TR UW FBO OLD THRESHERS FOUNDATIONIAT21 $49,757$46,611 TRUSTEE$8,955 Same NTEE code T21, revenue within 2x, same state
FOLEY CHARITABLE FOUNDATIONNJT21 $106,854$114,009 TRUSTEE$26,709 Same NTEE code T21, revenue within 2x, similar name
CASS CHARITABLE FOUNDATIONMOT21 $45,000$2,828 DIRECTOR/PRESIDENT$0 Same NTEE code T21, revenue within 2x, similar name
LUKE CHARITABLE FOUNDATIONRIT21 $93,693$368,972 TRUSTEE$0 Same NTEE code T21, revenue within 2x, similar name
KRAAK CHARITABLE FOUNDATIONOHT21 $81,884$75,515 PRESIDENT$0 Same NTEE code T21, revenue within 2x, similar name
HASCOE CHARITABLE FOUNDATIONFLT21 $93,455$273,512 PRESIDENT/DIRECTOR$0 Same NTEE code T21, revenue within 2x, similar name
BOGOTA SAVINGS BANK CHARITABLE FOUNDATION INCNJT21 $51,275$193,516 DIRECTOR, PR$0 Same NTEE code T21, revenue within 2x, similar name
CASTILLO CHARITABLE FOUNDATIONCAT21 $79,546$59,338 DIRECTOR & CEO$0 Same NTEE code T21, revenue within 2x, similar name
MAYMERE CHARITABLE FOUNDATIONVAT21 $102,381$74,640 TRUSTEE$0 Same NTEE code T21, revenue within 2x, similar name
SPENCER CHARITABLE FOUNDATIONTXT21 $114,345$104,513 PRESIDENT\DI$0 Same NTEE code T21, revenue within 2x, similar name
INGREDION CHARITABLE FOUNDATIONILT21 $44,098$635,515 CFO$0 Same NTEE code T21, revenue within 2x, similar name
LEOPARDO CHARITABLE FOUNDATIONILT21 $76,000$103,592 CHIEF EXECUTIVE OFFICER$0 Same NTEE code T21, revenue within 2x, similar name
PATTERSON CHARITABLE FOUNDATIONWAT21 $80,758$90,502 PRESIDENT/TR$0 Same NTEE code T21, revenue within 2x, similar name
AMICREST CHARITABLE FOUNDATIONMIT21 $92,674$257,725 Director$0 Same NTEE code T21, revenue within 2x, similar name
INTEGRAL CHARITABLE FOUNDATIONCOT21 $124,095$254,066 PRESIDENT$0 Same NTEE code T21, revenue within 2x, similar name
HANCOCK COUNTY SAVINGS BANK CHARITABLE FOUNDATIONWVT21 $68,651$60,807 TRUSTEE$0 Same NTEE code T21, revenue within 2x, similar name
DN TANKS CHARITABLE FOUNDATION INCMAT21 $124,753$128,554 President Director$0 Same NTEE code T21, revenue within 2x, similar name
THE PATTON CHARITABLE FOUNDATIONFLT21 $74,194$176,209 Trustee$0 Same NTEE code T21, revenue within 2x, similar name
SMECO CHARITABLE FOUNDATION INCMDT21 $84,540$64,348 VICE PRESIDE$1,082,379 Same NTEE code T21, revenue within 2x, similar name

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
COMMUNITY FDN OF GREATER DES MOINES DAF sponsor$293,88634 12010–2024 HANSEN FAMILY HOSPITAL FOUNDATION
DANIEL J & ANN L KRUMM CHARITABLE TRUST Private foundation$292,5259 12015–2025 KRUMM FAMILY FOUNDATION
MIGHTYCAUSE CHARITABLE FOUNDATION DAF sponsor$76,2565 12020–2024 ROTARY CLUB OF CARMEL NEW YORK CHARITABLE FOUNDATION INC
FORGOOD INC DAF sponsor$65,5595 22017–2024 DELIVERING BETTER LIVES CHARITABLE FOUNDATION; ROTARY CLUB OF CARMEL NEW YORK CHARITABLE FOUNDATION INC
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$53,7005 32020–2024 DELIVERING BETTER LIVES CHARITABLE FOUNDATION; WINDSTAR CLUB CHARITABLE FOUNDATION INC; RACKSPACE FOUNDATION
TELLIGEN COMMUNITY INITIATIVE Private foundation$43,0131 12014–2014 HANSEN FAMILY HOSPITAL FOUNDATION
DONOR ADVISED CHARITABLE GIVING DAF sponsor$43,0001 12019–2019 HANSEN FAMILY HOSPITAL FOUNDATION
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC DAF sponsor$20,0002 12014–2015 HANSEN FAMILY HOSPITAL FOUNDATION
PAYPAL CHARITABLE GIVING FUND DAF sponsor$19,6552 22019–2020 YORK SOLUTIONS CHARITABLE FOUNDATION; ROTARY CLUB OF CARMEL NEW YORK CHARITABLE FOUNDATION INC
COMMUNITY FOUNDATION OF THE FOX RIVER VALLEY DAF sponsor$15,0001 12017–2017 LEOPARDO CHARITABLE FOUNDATION
HARRY DENT FAMILY FOUNDATION INC Private foundation$10,0002 12023–2024 WINDSTAR CLUB CHARITABLE FOUNDATION INC
UNION PACIFIC FOUNDATION Private foundation$5,0001 12022–2022 ROTARY CLUB OF CLINTON IOWA CHARITABLE FOUNDATION INC
WITZ FAMILY FOUNDATION Private foundation$5,0001 12017–2017 LEOPARDO CHARITABLE FOUNDATION
HAMPSHIRE FOUNDATION INC Private foundation$3,7502 12022–2024 BOGOTA SAVINGS BANK CHARITABLE FOUNDATION INC
WILLIAM AND ROSEMARY PACELLA FAMILY Private foundation$2,5001 12018–2018 LEOPARDO CHARITABLE FOUNDATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2025 · Form 990PF · $138,510 spent · pay $0 · grants $138,510 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $138,510 100.0%
Total$138,510100%

View the filing

2024 · Form 990PF · $127,001 spent · pay $0 · grants $127,001 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $127,001 100.0%
Total$127,001100%

View the filing

2023 · Form 990PF · $40,442 spent · pay $0 · grants $40,442 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $40,442 100.0%
Total$40,442100%

View the filing

2022 · Form 990PF · $43,021 spent · pay $0 · grants $43,021 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $43,021 100.0%
Total$43,021100%

View the filing

2021 · Form 990PF · $81,676 spent · pay $0 · grants $81,296 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $81,296 99.5%
Fees: accounting $380 0.5%
Total$81,676100%

View the filing

2020 · Form 990PF · $37,711 spent · pay $0 · grants $37,711 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $37,711 100.0%
Total$37,711100%

View the filing

2019 · Form 990PF · $76,435 spent · pay $0 · grants $76,435 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $76,435 100.0%
Total$76,435100%

View the filing

2018 · Form 990PF · $89,131 spent · pay $0 · grants $88,781 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $88,781 99.6%
Fees: accounting $350 0.4%
Total$89,131100%

View the filing

2017 · Form 990PF · $67,870 spent · pay $0 · grants $67,520 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $67,520 99.5%
Fees: accounting $350 0.5%
Total$67,870100%

View the filing

State business registration

The same business name in the same state, from the state’s official registry data.

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